Velocity Raises $38M for Stablecoin Treasury Infrastructure
Vexoda Newsroom
Velocity, a startup developing software to integrate stablecoins into enterprise treasury and payment workflows, secured $38 million in Series A funding. This comes as the market intensifies competiti
In July 2026, Velocity, a stablecoin treasury platform company founded in 2025, raised $38 million through its Series A funding round. Backed by notable investors such as Dragonfly and FirstMark, along with Coinbase Ventures and others, the capital will be used to expand their banking network, develop new products, and enhance regulatory capabilities.
The funds will help Velocity continue building software that connects stablecoin networks with traditional financial systems like custody, compliance, and settlement. The company targets enterprise finance teams, payment providers, fintech firms, and financial institutions looking to use stablecoins for cross-border payments and treasury operations.
This funding round is part of a broader trend in the industry where companies are investing heavily in infrastructure supporting stablecoin issuance, settlement, and foreign exchange networks. For instance, Tether participated in Ark Labs' $5.2 million funding, while OpenFX raised $94 million to expand its network into Southeast Asia and Latin America.
The expansion of stablecoins is driven by their growing use in business-to-business transactions. According to a joint analysis by McKinsey and Artemis Analytics, stablecoins processed over $390 billion worth of real-world payments globally in 2025, with significant portions from B2B activities. This underscores the importance of robust infrastructure for seamless integration into enterprise workflows.
For traders, this development signals increased stability and wider adoption of stablecoin technologies within financial institutions. The growing ecosystem could lead to more standardized and efficient cross-border payment solutions, benefiting both businesses and consumers.
Traders should monitor Velocity’s progress closely as it expands its offerings. Additionally, they should keep an eye on other players in the space like Open USD and OpenFX, which are also aiming to disrupt traditional financial services with stablecoin-based solutions.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.